Regulators will examine a matter with a top down approach, looking at the big picture and bore down to a specific activity.

The stats are: Sold wrap price 185k: Down payment 30k (balance 155K), finance 8%.

Bring along market stats or a newsletter.  

It makes it cleaner and neater for future audits, I say that as an accountant and auditing examiner. 

It would interesting to see the stats of people who join BP with an interest in a particular idea but take no substantive action. 

That's my term for someone who wastes everyone's time by posting once, never takes action nor and follow through.Wish the moderators would posts stats on the real number and % of people who post 1-10 times then disappear. 

When examining the 30 largest bank and non-bank mortgage servicers from 2011 through 2013, the Federal Housing Finance 2 PROPOSED REGULATORY PRUDENTIAL STANDARDS FOR NON-BANK MORTGAGE SERVICERS Agency (FHFA) estimates that share of MSRs held by non-bank mortgage servicers increased from 6 percent to 17 percent over this period.

If you need any help getting your feet wet I'm happy to answer any questions, send you stats, or help in any way I can.

In general, the IRS has a number of factors it will examine to determine this. 

Nice to see BPers jump and give real world stats.